News Release

FY2023

May 11, 2023

JX Nippon Mining & Metals Corporation

Announcement of Organizational Changes

JX Nippon Mining & Metals Corporation (President: Hayashi Yoichi; "the Company") announces that it will be making the following organizational changes, effective June 1 and June 28, 2023, in order to prepare for its IPO as announced in the press release dated May 11, 2023.*

 

1. Organizational changes effective June 1, 2023

(1) Establishment of IPO Office

The Company will establish the IPO Office to be the office responsible for overall management of business related to its IPO.

(2) Establishment of Public Relations & Investor Relations Dept.

The Company will establish the Public Relations & Investor Relations Department by reorganizing the Public Relations Office in the Planning & Coordination Department in order to enhance the communication with investors and carry out strategic public relations activities.

(3) Establishment of Finance Department

The Company will separate the financial planning function of the Planning & Coordination Department and establish the Finance Department in order to develop and manage financial strategy and make financing arrangements at the Group level.

 

2. Organizational changes effective June 28, 2023

(1) Auditor's Office to be renamed Audit & Supervisory Committee Office

As the Company will become a company with an audit and supervisory committee effective June 28, 2023, the Auditor's Office will be renamed the Audit & Supervisory Committee Office which is responsible for administration related to the Audit and Supervisory Committee.

 

*May 11, 2023 press release: Commencement of Preparations for Listing of Shares of JX Nippon Mining & Metals Corporation on the Tokyo Stock Exchange